Investment Strategy
A Disciplined Approach to Real Estate Investment.
Focus Areas
Where We Invest
Leroy May Holdings concentrates on a defined set of property types and investment strategies that align with our long-term ownership philosophy.
Multifamily Residential Acquisitions
We focus on 2–50 unit multifamily properties — a segment where disciplined operators can create meaningful value through thoughtful management and improvement.
Value-Add Opportunities
We seek properties where targeted capital investment and improved operations can unlock significant upside while delivering better housing to residents.
Long-Term Hold Strategy
We are not traders. We acquire properties we intend to own for years, allowing compounding value creation and stable income to work over time.
Property Improvement & Repositioning
We invest in the physical and operational quality of our properties, improving the resident experience and the long-term asset value.
Market Criteria
Where We Look
Leroy May invests across select U.S. markets, focusing on neighborhoods with strong fundamentals, population growth, employment diversity, and long-term demand for quality housing. We are not limited to a single geography — we follow opportunity where the fundamentals are sound.
Population Growth
Markets with demonstrated or projected population growth and in-migration.
Employment Diversity
Economies supported by multiple industries, reducing exposure to single-employer risk.
Housing Demand
Neighborhoods with persistent demand for quality rental housing and limited new supply.
Strong Fundamentals
Markets with favorable rent-to-price ratios, low vacancy, and improving neighborhood trajectories.
What We Look For
Acquisition Criteria
Property Type
2–50 unit multifamily residential; small residential portfolios considered
Condition
Value-add preferred; stabilized assets considered in select markets
Geography
Select U.S. markets with strong housing fundamentals and growth potential
Deal Source
On-market and off-market; broker submissions welcome
Investment Horizon
Long-term hold; we are not seeking short-term flips or quick exits
Submit an Opportunity
Brokers, property owners, and partners are welcome to submit residential and multifamily investment opportunities for consideration.